Phenolic Resin

What is the market data on phenolic resin?

On the other hand, the market for phenolic resin is expected to grow at a CAGR of 8.8% from 2021 to 2030, growing at a CAGR of 5.6%

Whether one is looking for phenolic resin in a variety of shapes, colors, and finishes, there will be a need for phenolic resin. According to Statista, the market for phenolic resin is expected to grow at a rate of 4% between 2022 and 2028. The global phenolic resin market size was valued at USD 62.3 billion in 202 and the global phenolic resin market was projected to grow at a CAGR of 5%%

What is phenolic resin used for?

Phenolic resin is used in numerous furniture masons, including interior designers, interior makers. Epoxy resin is commonly used by numerous furniture makers to make chair seats, tables, or car seats.

Wood phenolic resin is a common used in and variety of applications. Epoxy resin inks for interior decoration is also used in resin variety of materials.